Farther Finance Advisors LLC Has $112,000 Holdings in Invesco Ultra Short Duration ETF $GSY

Farther Finance Advisors LLC grew its stake in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 1,422.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,238 shares of the company’s stock after purchasing an additional 2,091 shares during the period. Farther Finance Advisors LLC’s holdings in Invesco Ultra Short Duration ETF were worth $112,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Sterling Financial Group Inc. grew its position in Invesco Ultra Short Duration ETF by 3.9% in the 2nd quarter. Sterling Financial Group Inc. now owns 117,212 shares of the company’s stock worth $5,877,000 after purchasing an additional 4,373 shares during the last quarter. YHB Investment Advisors Inc. grew its position in Invesco Ultra Short Duration ETF by 9.2% in the 2nd quarter. YHB Investment Advisors Inc. now owns 21,370 shares of the company’s stock worth $1,071,000 after purchasing an additional 1,800 shares during the last quarter. Keystone Wealth Services LLC acquired a new stake in Invesco Ultra Short Duration ETF in the 2nd quarter worth $671,000. Capital Asset Advisory Services LLC lifted its holdings in shares of Invesco Ultra Short Duration ETF by 11.0% during the 2nd quarter. Capital Asset Advisory Services LLC now owns 804,106 shares of the company’s stock worth $40,326,000 after acquiring an additional 79,963 shares during the period. Finally, TruWealth Advisors LLC lifted its holdings in shares of Invesco Ultra Short Duration ETF by 9.8% during the 2nd quarter. TruWealth Advisors LLC now owns 76,376 shares of the company’s stock worth $3,830,000 after acquiring an additional 6,786 shares during the period.

Invesco Ultra Short Duration ETF Stock Up 0.0%

NYSEARCA GSY opened at $50.28 on Friday. The firm’s fifty day moving average price is $50.23 and its two-hundred day moving average price is $50.16. Invesco Ultra Short Duration ETF has a 1 year low of $49.98 and a 1 year high of $50.38.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada raised shares of Invesco Ultra Short Duration ETF to a “hold” rating in a report on Wednesday.

About Invesco Ultra Short Duration ETF

The Invesco Ultra Short Duration ETF (GSY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to outperform the Barclays Capital 1-3 Month U.S. Treasury Bill Index by investing in a diverse portfolio of investment-grade securities. GSY was launched on Feb 12, 2008 and is managed by Invesco.